Advocates Take Legal Action to Defend Small Business Lending Equity

NCRC ([link removed] )

Just News

for August 1, 2025

News and views from the National Community Reinvestment Coalition. Find more at ncrc.org ([link removed] ) .

For continuous updates, follow us on Twitter ([link removed] ) , Facebook ([link removed] ) , LinkedIn ([link removed] ) ,Instagram ([link removed] ) and TikTok ([link removed] ) .

Announcements

Civil Rights, Business and Economic Justice Advocates Sue Trump-Vance Administration For Rollback of Anti-Discrimination Lending Rule

By NCRC

A coalition of civil rights, small business and economic justice advocates filed a lawsuit today in the U.S. District Court for the District of Columbia against the Consumer Financial Protection Bureau (CFPB) and Acting Director Russell Vought for unlawfully abandoning implementation of a small business lending data collection rule mandated by Congress to prevent discrimination and support underserved entrepreneurs. [Read more ([link removed] ) ]

Views

A Right, Not A Privilege: Solita’s House Vision To Make Homeownership More Attainable

By Maya McKenzie

For 19 years, Solita’s House has been a pillar in the Tampa, FL community by bridging the housing gap through a range of counseling and education programming that is designed to get residents “mortgage ready.” [Read more ([link removed] ) ]

“We’re not alone”: African American Trade Association’s Workforce Development Programming For Students In Colorado

By Robert Davis

Since 2020, the African American Trade Association (AATA) has supported Denver-area Black-owned businesses with programs that help them strengthen their internal mechanisms and further their external reach. AATA’s first programs included technical assistance for minority and women-owned businesses, including providing them with access to capital guidance, connecting them to IT-related services, and other forms of back-office support. [Read more ([link removed] ) ]

Data Drives The Movement: NCRC’s Various Data And Research Resources For Members

By Jason Richardson

In our latest webinar, NCRC’s research team walked through how these reports work, what data points are tracked and how member organizations can get custom analyses tailored to their communities and priorities. [Read more ([link removed] ) ]

Virginia Community Voice Empowers Residents To Create Change In Historically Marginalized Neighborhoods

By Kaitlyn Ridel

For the past decade, Richmond’s Virginia Community Voice (VACV) has been a blueprint for how organizations can drive equitable community engagement, amplify citizens’ voices and foster radical healing in their own backyards. [Read more ([link removed] ) ]

News

NCRC: Regulators Should Reject Circle’s Application For “The Most Dangerous Banking Charter Of The Century”

By NCRC

Stablecoin issuer Circle’s application for a national trust bank charter should be denied because of the company’s poor track record of compliance and the high likelihood it would harm consumers and communities, three dozen community organizations wrote Wednesday to regulators. [Read more ([link removed] ) ]

NCRC Statement On Joint FDIC, OCC And Federal Reserve Announcement Of New Community Reinvestment Act Rulemaking

By NCRC

“The 2023 CRA final rule was a carefully hewn compromise that brought banking regulation into the digital age in important ways while relaxing community oversight of far too many large banks. It is a shame to see the years of work and deliberation that went into it turn to nothing." [Read More ([link removed] ) ]

NCRC To Host In-Person Housing Counseling Training In September ([link removed] )

By NCRC

NCRC's National Training Academy (NTA) will host a dynamic 3-day in-person housing counseling training in Washington, DC, September 3-5, 2025. The course series is designed to strengthen the skills, strategies and resilience of housing counselors at every stage of their careers. [Register here ([link removed] ) ]

Research

Mortgage Market Series

By NCRC

The Home Mortgage Disclosure Act data is collected and released each year by the Consumer Financial Protection Bureau. This dataset offers unparalleled details about 88% of the mortgage applications processed each year. This information is critical for any regulator, advocate or lender that wants to understand the market. Data of this kind promotes fair and efficient markets. This series of research briefs will offer a deep analysis of this data and help policymakers, the general public and National Community Reinvestment Coalition members understand current mortgage market trends at the local level. [Read more ([link removed] ) ]

Events

Just Economy Conversations: Leveraging Open Banking Data for Smarter CDFI Small Business Lending

August 5 , 2 – 3:30 pm ET

The COVID-19 pandemic accelerated the adoption of digital technology in financial services, transforming how consumers and small businesses access credit. Open banking—the secure sharing of customers’ financial data with third parties— offers a promising opportunity to expand credit access for underserved small businesses that have been shut out of traditional financial services due to the risks, costs, and uncertainties of microlending to new and smaller enterprises. [Register here ([link removed] ) ]

Get Funded: Financial Readiness & Capital Access

August 6 - 7, 8 am – 5 pm ET

Join NCRC CDF for the two-day virtual event, Get Funded: Financial Readiness & Capital Access. ([link removed] ) The event is designed to equip entrepreneurs with tools and guidance to become funding-ready, including the opportunity to hear directly from the contestants of our Get Funded: Pitch Competition. [Register here ([link removed] ) ]

Managing Financial Health During Growth: Sustaining Business Expansion

August 14, 10 am ET

Growth is exciting – but it can also strain your finances if not managed wisely. As your business expands, so do your expenses, responsibilities and risks. This webinar will explore how to maintain financial health while scaling, so you don’t outgrow your resources. [Register here ([link removed] ) ]

Surviving The Next Three Years: A Roadmap For Housing Counselors

August 14, 2 pm ET

The next three years will challenge housing counselors like never before. This course offers practical tools, strategic insight, and real-world examples to help you adapt, stay compliant, and continue serving your community in a changing landscape. [Register here ([link removed] ) ]

In The News

Capital One Delivers Few Details On $265B Community Plan

By Tatiana Walk-Morris

Some critics have said the company’s $265 billion figure is misleading. An analysis of Capital One’s plan ([link removed] ) by the National Community Reinvestment Coalition asserts that it amounts to $5 billion in new lending, investment and grant activity. [Read more ([link removed] ) ]

Consumer Groups Sue CFPB Over Small-Business Data Rule

By Kate Berry, American Banker

"We are suing to make them adhere to the law and fulfill their responsibilities to the American people," Jesse Van Tol, president and CEO of the National Community Reinvestment Coalition, said in a press release Wednesday. [Read more ([link removed] ) ]

On Our Radar

Treasury Secretary Says Trump Accounts Could Pave Way to Privatizing Social Security

By Alan Rappeport and Andrew Duehren

Tim Hogan, a communications adviser for the Democratic National Committee, said: “Trump is now coming after American seniors with a ‘back door’ scam to take away the benefits they earned.” [Read more ([link removed] ) ]

Kansas City Poured Millions Into A Grocery Store. It Still May Close

By Annie Gowen

KC Sun Fresh lost $885,000 last year and now has only about 4,000 shoppers a week. That’s down from 14,000 a few years ago, according to Emmet Pierson Jr., who leads Community Builders of Kansas City, the nonprofit that leases the site from the city. Despite a recent $750,000 cash infusion from the city, the shelves are almost bare. [Read more ([link removed] ) ]

1.4 Million Of The Nation’s Poorest Renters Risk Losing Their Homes With Trump’s Proposed HUD Time Limit

By Sally Ho and Charlotte Kramon, AP News

Researchers from the Housing Solutions Lab at New York University’s Furman Center analyzed HUD’s data over a 10-year period and found about 70% of households who could be affected by a two-year limit had already been living on those subsidies for two or more years. [Read more ([link removed] ) ]

Resources

Work And Meet At The Just Economy Club

It's a DC hub for nonprofits and the social sector, around the corner from the White House. Move your team into a private office or host your meetings and events. [Read more ([link removed] ) ]

Learning & Training Hub

Register for NCRC's catalog of professional development courses. [Learn ([link removed] ) more ([link removed] ) ]

Research And Reports

We have an extensive library of research and reports that dates back many years! [View all ([link removed] ) ]

Fair Lending Tool

Use our interactive tool to produce a report on mortgages, small business lending and bank branch networks for any city, county or metro area in the nation. [Access the tool here ([link removed] ) ]

Sign And Share The Just Economy Pledge

Help us expand the movement for a Just Economy. [Sign and Share ([link removed] ) ]

Member Hub

NCRC members: Don't forget you have access to our member hub ([link removed] ) ! Learn more about membership here ([link removed] ) . You can join as an organization or an individual ([link removed] ) .

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